New Brothers Inc
- Assets
- $3.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amesbury, MA
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 37-1618906
Organization Overview
New Brothers Inc is located in Amesbury, MA. The organization was established in 2011. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Brothers Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Brothers Inc generated $53.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $54.7k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NEW BROTHERS FELLOWSHIP WAS ORGANIZED FOR RELIGIOUS PURPOSESAS A MINISTRY THAT SERVES MEN DURING INCARCERATION ANDUPON THEIR RELEASE. NBF OPERATES THROUGHOUT MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas M Gregan President/minister | 50 | $31,296 | |
Sharon Mcafee Treasurer | 5 | $0 | |
Caroline Gregan Secretary | 50 | $0 | |
Thomas Petersen Director | 15 | $0 | |
Joshua Freeman Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,531 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,652 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,103 |
| Printing, publications, postage, and shipping | $2,340 |
| Other expenses | $19,652 |
| Total expenses | $54,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,580 |
| Other assets | $0 |
| Total assets | $3,352 |
| Total liabilities | $1,672 |
| Net assets or fund balances | $1,680 |